BIS

BIS GM Raises Caution on Big Tech’s Move Into Finance
BIS GM Raises Caution on Big Tech’s Move Into Finance
October 11, 2021  |  Big Tech

Be wary of Big Tech’s increasing reach into financial services, says Agustín Carstens, general manager for the Bank of International Settlements (BIS). In a speech...

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BIS Report: Banks Need Time to Adjust to CBDCs
BIS Report: Banks Need Time to Adjust to CBDCs
October 05, 2021  |  CBDC

Time is of the essence, as banks grapple with the looming threat of central bank digital currencies (CBDCs). In other words, perhaps, the more time,...

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CBDCs Lower Costs and Settlement Times for X-Border Payments 
CBDCs Lower Costs and Settlement Times for X-Border Payments 
September 30, 2021  |  Cross-border Payments

For central bank digital currencies (CBDCs), time is of the essence. Literally. Just a few weeks after the Bank of International Settlements (BIS) urged central...

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BIS Official Urges Central Banks to Adopt Digital Currency
BIS Official Urges Central Banks to Adopt Digital Currency
September 10, 2021  |  Cryptocurrency

The head of the Bank for International Settlements’ Innovation Hub has a message for the world’s central banks: get on the digital currency train or...

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BIS Wary Of Big Tech’s Market Power, Data Concentration In Finance
BIS Wary Of Big Tech’s Market Power, Data Concentration In Finance
August 02, 2021  |  Regulation

A new BIS paper reported that big tech’s power could be a cause for concern. This comes from the way that the companies can overcome...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In UK
Today In Payments: Google Pay Exec Plans April Exit; Visa To Raise Interchange Fees In...
March 22, 2021  |  News

In today’s top news, Google Pay’s Caesar Sengupta plans to step down in April, and Visa will raise its interchange fees on transactions between the...

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Bitcoin Daily: Cubans Use Cryptocurrencies For Remittances In Wake Of US Sanctions; Swiss National Bank, BIS Test CBDC Integration
Bitcoin Daily: Cubans Use Cryptocurrencies For Remittances In Wake Of US Sanctions; Swiss National Bank,...
December 03, 2020  |  Bitcoin

About 10,000 Cubans have turned to bitcoin and altcoins, including ethereum and dogecoin, to skirt around U.S. sanctions, according to a report from Deutsche Welle’s...

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The Lures – And Challenges – Of Central Bank Digital Currencies
The Lures – And Challenges – Of Central Bank Digital Currencies
October 09, 2020  |  Cryptocurrency

Beyond bitcoin – that marquee name of crypto and its brethren, which have yet to escape wild price swings and speculative fervor – lies the...

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